Finance

Sharpe Ratio Formula - Finance

Learn the sharpe ratio formula with examples, step-by-step guide, and calculator tools. Calculate the risk-adjusted return of an investment portfolio to compare performance across different risk levels

The sharpe ratio formula is a fundamental concept in finance. Calculate the risk-adjusted return of an investment portfolio to compare performance across different risk levels. This page provides a comprehensive guide with worked examples and practical applications.

The Formula

\[S = \frac{R_p - R_f}{\sigma_p}\]

Variables

S
Sharpe ratio (higher is better)
R_p
Portfolio return (annualized)
R_f
Risk-free rate (e.g., 10-year Treasury yield)
σ_p
Portfolio standard deviation (annual volatility)

Step-by-Step Guide

  1. 1

    Step 1: Gather your data values

  2. 2

    Step 2: Apply the formula

  3. 3

    Step 3: Perform the calculations

  4. 4

    Step 4: Interpret the result

Examples

Example 1

Example 1: [0.12,0.03,0.15] → Sharpe Ratio = (12% portfolio return - 3% risk-free rate) / 15% portfolio volatility = 0.6

Example 2

Example 2: 0.6

Frequently Asked Questions

What is the sharpe ratio formula?

Calculate the risk-adjusted return of an investment portfolio to compare performance across different risk levels

How do I calculate sharpe ratio formula?

Use the formula: S = \frac{R_p - R_f}{\sigma_p}. Follow the steps provided above.

What tools can help with sharpe ratio formula?

We provide online calculators: npv-calculator, irr-calculator, profit-margin-calculator

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